The role of technology and the growth of information subject to privilege reviews – which make privilege claims more difficult to defend – also have implications for in-house counsel’s duty of competence.

“The results were telling, but not surprising. They were very similar to what I expected to see,” says Jeff Bedser, founder and CEO of iThreat Cyber Group. “I expected respondents to be a little more confident with where their companies stood than what it turned out.”

it is essential for all companies to regularly evaluate their security systems and compliance programs and become educated on the various ways in which thefts occur, so that they may prevent them from happening in the first place.

It is imperative that U.S. companies understand how the theft of intellectual property assets routinely occurs and have knowledge of the laws, resources and processes that are available to protect and defend against the theft.

While these devices have revolutionized the way in which business is conducted, they have also introduced a range of security and e-discovery complications that in-house counsel must address for their clients.